Match Each Health Insurance Term with Its Definition

question 29

Multiple Choice

Match each health insurance term with its definition.
-Health care delivery system that combines the delivery of health care and payment of the services

• A)managed care
• B)Medicaid
• C)precertification
• D)preexisting condition
• E)service area
• F)subscriber
• G)individual insurance
• H)indemnity plan
• I)utilization management (review)
• J)workers' compensation

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Definitions:

Freight Charges

Costs associated with transporting goods from one place to another, typically paid by the buyer or seller depending on the shipping terms.

Merchandise Inventory

Merchandise inventory comprises goods a retail business holds for sale to customers, reflecting the products available for resale.

Freight In

Freight in is the cost associated with transporting goods into a business from suppliers, and is often included in the inventory cost.

Merchandise Inventory

Refers to the products a company has in stock that are available for sale to customers.